W Hotels Worldwide Amplifies Presence in Spain with Signing of W Madrid

Slated to Open in 2018, Landmark W Hotel will Bring Visionary Design, Playful Luxury and Whatever/Whenever® Service to the Spanish Capital

Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced it will expand its strong presence in Spain with the opening of W Madrid in 2018. Owned by Merryland Inversiones S.L.U, W Madrid will be ideally located on Plaza de Canalejas in the epicentre of the city's thriving restaurant and entertainment district and close to major landmarks in the Spanish cultural and fashion capital.

MADRID -- Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced it will expand its strong presence in Spain with the opening of W Madrid in 2018. Owned by Merryland Inversiones S.L.U, W Madrid will be ideally located on Plaza de Canalejas in the epicentre of the city's thriving restaurant and entertainment district and close to major landmarks in the Spanish cultural and fashion capital.

"The opening of the second W Hotel in Spain demonstrates the huge demand for this innovative lifestyle brand in such an important travel market," said Michael Wale, President, Starwood Hotels & Resorts, Europe, Africa and Middle East. "When W Madrid opens its doors in 2018, Spain will become the only country in Europe to boast two W Hotels."

With its modern design, signature amenities and full calendar of W Happenings, W Madrid will redefine the city's hospitality scene. The hotel will feature 141 stylish guestrooms, including 20 suites and one Extreme Wow Suite (the W brand's interpretation of the Presidential Suite). Guests and locals alike will enjoy the hotel's buzzing rooftop bar and WET outdoor pool deck, which is sure to become the hottest place to mix, mingle and sip cocktails with stunning views of theMadrid skyline on warm summer nights. Other areas include W Living Room (the W brand's energetic spin on the hotel lobby), a signature restaurant and FIT®, the ultimate workout facility. An ideal venue for small meetings and events, W Madrid will also offer two ultra-modern studio meeting rooms.

Guests will be treated to the W brand's iconic Whatever/Whenever® service philosophy that promises whatever they want,whenever they want it. W Madrid's exclusive W Happenings will showcase what's new and next in design, fashion and music to stylish hotel guests and savvy locals.

"We believe that the W brand is the perfect fit for this historic property and look forward to seeing W Madrid emerge as one of Spain's most sought after and admired hotels," said Harry Mohinani CEO of Merryland Inversiones.

W Madrid will be housed in an imposing 19th century building that was previously operated as a hotel. The property conversion involves an international multi-disciplinary team coordinated by Hong Kong based Hospitality Solutions. The building will be re-imagined by Rockwell Group including a full restoration of historical elements combined with a bold, vibrant design.

W Madrid will complement the iconic beachfront W Barcelona which opened to great fanfare in 2009 and continues to wow jetsetters from around the world. W loyalists will revel in being able to experience two energetic Spanish cities within three hours of travel.

"The W brand continues to be a key driver of growth for Starwood around the globe. The signing of W Madrid adds yet another inspiring European city to the brand's portfolio and highlights our continued strategy to grow this brand within the world's most exciting travel markets," said Felicity Black-Roberts, Senior Director, Acquisitions and Development,Starwood Hotels & Resorts, Europe, Africa & Middle East.

Following the successful debuts of W Hotels in Istanbul, Barcelona, St. Petersburg, London, Paris and Verbier, W Amsterdam became the seventh W Hotel in Europe when it opened in October 2015. W Hotels now boasts a worldwide portfolio of 46 properties around the globe and is on track to reach 75 hotels by 2020.

About Starwood Hotels & Resorts Worldwide, Inc.
Starwood Hotels & Resorts Worldwide, Inc. is one of the leading hotel and leisure companies in the world with more than 1,300 properties in some 100 countries and approximately 188,000 employees at its owned and managed properties. Starwood is a fully integrated owner, operator and franchisor of hotels, resorts and residences under the renowned brands: St. Regis®, The Luxury Collection®, W®, Westin®, Le Méridien®, Sheraton®,Tribute Portfolio™, Four Points® by Sheraton, Aloft®, and Element®, along with an expanded partnership withDesign Hotels™. The company also boasts one of the industry’s leading loyalty programs, Starwood Preferred Guest (SPG®). Visit www.starwoodhotels.com for more information and stay connected @starwoodbuzz on Twitterand Instagram and facebook.com/Starwood.

Media Contact

Katie Cline

Starwood Hotels & Resorts Worldwide, Inc. [email protected]

Development Development Europe Spain Madrid

Starwood Hotels & Resorts Worldwide, Inc. is one of the leading hotel and leisure companies in the world with more than 1,200 properties in some 100 countries and over 180,000 employees at its owned and managed properties. Starwood is a fully integrated owner, operator and franchisor of hotels, resorts and residences with the following internationally renowned brands: St.

Born from the social electricity of New York City, W Hotels has been at the forefront of lifestyle hospitality for over two decades. With 70 destinations around the world, the detail-driven design, signature Whatever/Whenever service, and buzzing Living Rooms cultivate experiences of social connectivity. Each location brings together the magnetic energy of W Hotels and the essence of local culture, creating spaces for new perspectives and a...